by Kevin Russell | Jun 30, 2023 | News
Investor home owners looking for a tax break on losses wait for CRA’s tap on the door Letters asking about profitability from the CRA to landlords looking for tax relief on losses are nothing new, says tax specialist There are hundreds of thousands of rented homes...
by Kevin Russell | Jun 30, 2023 | News
What’s driving the battery fires with e-bikes and scooters? As firefighters battled a five-alarm fire at a supermarket in the Bronx earlier this month, New York City officials gathered beside what they said was the cause of the fire: the blackened shell of what...
by Kevin Russell | Jun 30, 2023 | News
Atlantic Provinces’ Spending Growing Faster Than Own Source Revenues HALIFAX — Increased spending, inflation, and higher interest rates on debt are all contributing to budget imbalances in Atlantic Canada, according to the latest report from the Atlantic Provinces...
by Kevin Russell | Jun 30, 2023 | News
Canada’s Bank Regulator Moves To Tighten Credit As Impaired Loans Surge Canada’s bank regulator is growing increasingly concerned about a risk event. This morning the Office of The Superintendent of Financial Institutions (OSFI) raised the Domestic stability buffer...
by Kevin Russell | Jun 30, 2023 | News
Are Canadian Governments a Vampire in Housing Affordability? A new study of Vancouver, Kelowna and Saanich confirm government costs consume as much as 29 per cent of an apartment purchase price and 33 per cent of average rent. A similar Ontario-based study finds...
by Kevin Russell | Jun 30, 2023 | News
Development levies threaten the viability of rental projects Recent fee increases would have killed massive new rental project in South Vancouver, says developer One of Vancouver’s largest-ever rental projects broke ground June 15, but the scale of the project would...
